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Operational Risk Specialist Jobs (NOW HIRING)

Principal Risk Specialist The Principal Risk Specialist is responsible for performing business ... They will also evaluate current operations across the business to identify areas for enhancements.

Principal Risk Specialist

Mclean, VA · On-site

$99K/yr

Principal Risk Specialist The Principal Risk Specialist is responsible for performing business ... They will also evaluate current operations across the business to identify areas for enhancements.

Principal Risk Specialist The Principal Risk Specialist is responsible for performing business ... They will also evaluate current operations across the business to identify areas for enhancements.

Principal Risk Specialist The Principal Risk Specialist is responsible for performing business ... They will also evaluate current operations across the business to identify areas for enhancements.

Principal Risk Specialist The Principal Risk Specialist is responsible for performing business ... They will also evaluate current operations across the business to identify areas for enhancements.

Risk Specialist

The Woodlands, TX · On-site

$90K/yr

Risk Specialist Waste Connections, Inc. | The Woodlands, Texas (Corporate Headquarters) On-Site Due ... This role plays a critical part in supporting our insurance, claims, and risk management operations ...

Principal Risk Manager The Principal Risk Specialist is responsible for performing business compliance and operational risk and control activities. They are also responsible for educating and ...

Principal Risk Manager The Principal Risk Specialist is responsible for performing business compliance and operational risk and control activities. They are also responsible for educating and ...

Principal Risk Manager The Principal Risk Specialist is responsible for performing business compliance and operational risk and control activities. They are also responsible for educating and ...

Principal Risk Manager The Principal Risk Specialist is responsible for performing business compliance and operational risk and control activities. They are also responsible for educating and ...

Sr. Risk Specialist

Mclean, VA · On-site

$99K/yr

Sr. Risk Specialist As a Sr. Risk Specialist in Capital One's Operations Risk Management (ORM) group, you will apply your Data Quality and Data Management subject matter expertise, influence, and ...

Sr. Risk Specialist

Richmond, VA · On-site

$97K/yr

Sr. Risk Specialist As a Sr. Risk Specialist in Capital One's Operations Risk Management (ORM) group, you will apply your Data Quality and Data Management subject matter expertise, influence, and ...

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Operational Risk Specialist information

See salary details

$38K

$100.5K

How much do operational risk specialist jobs pay per year?

As of Jul 16, 2026, the average yearly pay for operational risk specialist in the United States is $94,940.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,500.00 and $98,500.00 per year, depending on experience, location, and employer.

What are the 4 operational risks?

Operational risk for an Operational Risk Specialist refers to the potential for loss resulting from inadequate or failed internal processes, people, systems, or external events. The four main types are process risk, people risk, systems risk, and external event risk. Managing these risks involves risk assessment, control measures, and compliance with industry standards and regulations.

What does an operational risk specialist do?

An operational risk specialist identifies, assesses, and monitors risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop risk mitigation strategies, implement controls, and ensure compliance with regulations, often using data analysis and risk management tools. Their goal is to minimize operational losses and improve organizational resilience.

What are the key skills and qualifications needed to thrive as an Operational Risk Specialist, and why are they important?

To thrive as an Operational Risk Specialist, you need a solid understanding of risk management frameworks, regulatory requirements, and data analysis, often supported by a degree in finance, business, or a related field. Familiarity with risk assessment tools, GRC (Governance, Risk, and Compliance) systems, and certifications such as FRM or ORM are highly valued. Strong analytical thinking, attention to detail, and effective communication skills help you identify, assess, and report risks proactively. These skills are crucial for minimizing losses, ensuring regulatory compliance, and supporting organizational resilience.

What are some typical challenges faced by an Operational Risk Specialist, and how are they addressed within a team environment?

Operational Risk Specialists often encounter challenges such as identifying emerging risks in rapidly changing business environments, ensuring compliance with evolving regulations, and fostering a risk-aware culture across departments. These challenges are typically addressed through close collaboration with business units, regular risk assessments, and continuous communication with compliance and audit teams. Working within a multidisciplinary team allows specialists to share insights, develop effective risk mitigation strategies, and ensure that risk controls are both practical and aligned with organizational objectives.

What is a risk operations specialist?

A risk operations specialist is a professional responsible for identifying, assessing, and managing operational risks within an organization. They often analyze data, implement risk mitigation strategies, and use tools like risk management software to ensure business continuity and compliance.

What is the difference between Operational Risk Specialist vs Credit Analyst?

AspectOperational Risk SpecialistCredit Analyst
Required CredentialsBachelor's degree, certifications like FRM or ORMBachelor's degree, certifications like CFA or credit-specific courses
Work EnvironmentFinancial institutions, risk management teamsBanks, lending institutions, financial services
Employer & Industry UsageRisk management departments in financeLoan departments, credit risk units
Common Search & ComparisonOperational Risk Specialist vs Credit Analyst

While both roles are vital in financial institutions, the Operational Risk Specialist focuses on identifying and mitigating operational risks across processes, whereas the Credit Analyst evaluates creditworthiness to approve loans. The roles often collaborate but serve different functions within risk management and lending operations.

How much do operational risk analysts make?

Operational risk analysts typically earn a median annual salary of around $70,000 to $100,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications like FRM or ORM can earn higher salaries and bonuses.
More about Operational Risk Specialist jobs
What states have the most Operational Risk Specialist jobs? States with the most job openings for Operational Risk Specialist jobs include:
What job categories do people searching Operational Risk Specialist jobs look for? The top searched job categories for Operational Risk Specialist jobs are:
Infographic showing various Operational Risk Specialist job openings in the United States as of July 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $94,940 per year, or $45.6 per hour.
Principal Risk Specialist

Principal Risk Specialist

Capital One

Richmond, VA

$97K/yr

Full-time

Re-posted 11 days ago


Capital One rating

7.8

Company rating: 7.8 out of 10

Based on 143 frontline employees who took The Breakroom Quiz

76th of 149 rated banks


Job description

Principal Risk Specialist

The Principal Risk Specialist is responsible for performing business compliance and operational risk and control activities. They are also responsible for educating and training the business to ensure compliance with regulations. They will also evaluate current operations across the business to identify areas for enhancements. They will serve also as partners with the business to implement processes.
Responsibilities:

  • Creates and distributes monthly risk and project process reporting.

  • Provides education and monitors the business on requirements of company policies and standards related to risk and control ownership.

  • Develops and implements job aids and tools to facilitate efficient completion of policy and standard requirements.

  • Identifies and implements effective controls to manage operational, financial, and compliance risks.

  • Maintains an accurate library of risks and controls. Performs control design reviews and compliance risk assessments.

  • Monitors the risk and control environment for weaknesses and identifies solutions to improve the effectiveness and efficiency of controls.

  • Executes control testing plans.

  • Leads the completion of projects and develops, implements, and administers control standardization and workflow solutions.

  • Creates continual monitoring exception reports for critical business processes.

  • Works as a liaison between Payments Risk and partners such as Operational Risk

  • Management, Internal Audit, Third Party Risk Management, etc.


Basic Qualifications:

  • Bachelor's Degree in Business Or Marketing.

  • 4+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations or Vendor Management.

Preferred Qualifications:

  • 6+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, Operational and Regulatory risk.

  • Payments/Financial industry experience

  • Excellent presentation skills


At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Chicago, IL: $109,900 - $125,400 for Principal Risk Specialist


McLean, VA: $120,800 - $137,900 for Principal Risk Specialist


Richmond, VA: $109,900 - $125,400 for Principal Risk Specialist


Riverwoods, IL: $109,900 - $125,400 for Principal Risk Specialist








Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).


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